Seismic Reinforcement Materials Market Share

Seismic Reinforcement Materials Market Share

Some of the major players in seismic reinforcement materials market share are :

• Structural Technologies, LLC
• Toray Industries, Inc.
• Simpson Strong-Tie Company Inc.
• Sika AG
• BASF SE
• Aegion Corporation
• ArcelorMittal
• Tata Steel Limited
• Hyundai Steel Company
• Weyerhaeuser Company
• West Fraser Timber Co. Ltd
• LafargeHolcim Ltd.
• UltraTech Cement Limited.

These companies are adopting various strategies such as new product development, merger and acquisition and facility expansion to gain competitive advantage.
 

Industry Background

Seismic reinforcement materials market is driven by seismic retrofitting measures employed by various residential and commercial buildings. Favorable government regulations and building norms will support the overall market demand over the forecast period. Sociological and economical inhibitions associated with seismic reinforcement techniques may hinder the market growth in coming years.